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Authorized Relationships DisclosuresSingle_agentMEDIUM

A single agent representing a seller in Florida has all of the following fiduciary duties EXCEPT:

Correct Answer

A) Dealing honestly and fairly with all parties

Correct: While single agents must deal honestly and fairly, this applies to all parties, not exclusively to the principal, making it not a fiduciary duty specific to the principal. Why not B: Loyalty is a core fiduciary duty owed exclusively to the principal. Why not C: Full disclosure to the principal is a fundamental fiduciary obligation. Why not D: Confidentiality is a key fiduciary duty protecting the principal's private information.

Answer Options
A
Dealing honestly and fairly with all parties
B
Loyalty to the principal
C
Full disclosure to the principal
D
Confidentiality regarding the principal's affairs

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Related Topics & Key Terms

Key Terms:

single_agentfiduciary_dutiesloyaltydisclosure_obligations
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